After weeks — in some cases, months — of closures due to the coronavirus, businesses across the U.S. began reopening in early June. But by July, many of those same businesses were forced to go in the opposite direction, thanks to a national resurgence of COVID-19 cases. As shops, manufacturing plants and warehouses again attempt […]
Home Care Pulse
Hospital readmission rates are one of the most important markers of success in the post-acute and long-term care spaces. But a large number of home care agencies still don’t keep track of those metrics. Overall, 75% of home care agencies did not track readmission rates at all in 2019, according to recently released data from […]
For months now, home care experts have echoed the same prediction: COVID-19 will have a lasting impact on the industry. Now, new data is backing up those anecdotal claims, painting a picture of what the nonmedical home care landscape of the future will look like. It’s not quite the Jetsons, but it’s headed that direction. […]
Home care agencies have spent the past few months doing their part to flatten the COVID-19 curve. It now appears they’re having success flattening the caregiver-turnover curve, too. Historically, home care has been an industry plagued by sky-high caregiver turnover rates, a challenge largely attributed to agencies offering low pay, weak benefits and few training […]
In an effort to address the growing demand for home care services and worsening labor crunch, one U.S. lawmaker has introduced a bill that could help providers raise wages for their caregivers. Sen. Bob Casey (D-Pa.) introduced S. 3277 — the Home and Community-Based Services (HCBS) Infrastructure Improvement Act — into the U.S. Senate on […]
No shockers here: The Patient-Driven Groupings Model (PDGM) was the big story in 2019. The most widely read Home Health Care News story from the past year was a PDGM-focused conversation between the leaders of Amedisys Inc. (Nasdaq: AMED), LHC Group Inc. (Nasdaq: LHCG) and Encompass Health’s (NYSE: EHC) home health division. Now just days […]
Rising consumer demand and a lack of available, qualified home care workers will likely keep recruitment and retention in the spotlight come 2020. To mitigate those challenges, some home care providers have turned to daily pay, though the jury is still out on its ultimate impact. In 2018, the median caregiver turnover rate jumped to […]
Traditionally, home health services have often targeted older adults living in the broader community. Third-party management company LCS, however, has found a home health sweet spot within its vast network of continuing care retirement communities (CCRCs). Started in 1971 as a subsidiary of Des Moines, Iowa-based The Weitz Corporation, LCS provides broad-based services for the […]
Home care in Medicare Advantage (MA), the demise of digital disruptors and interoperability barriers are the top three trends shaping the in-home care space in 2019, according to business strategist Stephen Tweed, founder of Home Care CEO Forum. Tweed highlighted these and other industry-shaping trends in this year’s Home Care Benchmarking Study, released last week […]
The home care industry’s biggest problem — turnover — is only getting worse. Already cited as the No. 1 challenge plaguing home care agencies across the country, the median caregiver turnover rate skyrocketed to 82% in 2018, according to this year’s Home Care Benchmarking Study by market research and education firm Home Care Pulse. That […]